Purpose

The UK foreign exchange market is one of the globally significant foreign exchange markets formed through a long historical development process. It is characterized by large trading volume, a rich variety of trading products, and diverse market participants, holding a pivotal position in global foreign exchange trading. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the on-site inspection team traveled to the UK for a field visit.

Process

The on-site inspection team visited the forex broker BVBFX in the UK as planned. According to public information, its office address is "Elsley Court 20 - 22 Great Titchfield Street London W1W 8BE UNITED KINGDOM".

A professional and experienced on-site verification team, driven by a sense of mission to strictly vet for investors, meticulously planned and traveled to the United Kingdom to conduct a physical verification of the broker BVBFX, which claims to be located at "Elsley Court 20 - 22 Great Titchfield Street London W1W 8BE UNITED KINGDOM".

The verification personnel successfully arrived at the target building. The building is located on a less bustling street near central London, with a generally ordinary commercial atmosphere in the surrounding area. No signage or relevant information of the company was found on the exterior of the building.

The verification personnel entered the building lobby and stated their purpose to the security guard. However, as the company's information was not listed on the building directory, it was impossible to confirm whether the company genuinely operates there, so permission to enter was not granted.

Due to the failure to obtain entry permission, it was impossible to reach the target floor. Consequently, it could not be confirmed whether BVBFX's office area has clear signage or security measures, let alone enter the interior. Furthermore, this office space is not a shared office.

Because access to the company's interior was not possible, the internal environment and other conditions of the company could not be observed.

Therefore, after the on-site verification, it is confirmed that the broker BVBFX does not exist at the aforementioned address.

Conclusion

The on-site inspection team visited the forex broker BVBFX in the UK as planned. At its publicly displayed business address, they were unable to see information such as the broker's company name, indicating that the broker does not have a genuine business premises. Investors are advised to make their choices after comprehensive consideration.

Disclaimer

The above content and views are for reference only and should not be used as the final basis for selection.